Vitamin Shoppe Files For IPO, Again (VSI)
VS HOLDINGS, INC., or Vitamin Shoppe, Inc., has just filed with the SEC to sell up to $143,750,000.00 worth of common stock. This would mark the initial public offering and the company has applied…
All Work
Douglas A. McIntyre
Amazon.com Already Beat Earnings, Unofficially (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) did not sell off after it announced the acquisition of Zappos.com. The deal was north of $800 million, and with shares up 5% Amazon now has a market cap of…
When The NASDAQ Never Drops (QQQQ, SPY)
While a market can go from a mega-bear market to a mega-bull market, steady rises become the usual. But when you see an 11 day consecutive rise and then a gain ‘again’ that would…
When Bad Housing Data Starts Looking Good
The reading on existing-home sales, or used-home sales, managed to post another gain in June. The reading for June was 4.89 million units on an annualized basis, which is above the 4.72 million reported…
Bristol-Myers Gets Key Assets With A Medarex Deal (BMY, MEDX, ABT, JNJ, AMGN, WYE)
Bristol Myers Inc. (NYSE: BMY) plans to spend $2.4 billion to buy partner Medarex Inc. (Nasdaq: MEDX). It will get a great deal beyond the cancer monoclonal antibody that developed together. The Medarex pipeline has…
Bernanke’s Monetarism Is a Logical Impossibility
By John Tamny About former Federal Reserve chairman Arthur Burns, Rice University historian Allen Matusow once wrote that “he had no fixed monetary principle of his own, except a determined eclecticism that translated into…
Top Day Trader Alerts (MEDX, ISRG, OREX, CELG, EBAY, SNDK, PSUN, QCOM)
The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:…
Jobless Army Contracts Again
The Labor Department has released its weekly jobless claims data. The number came in slightly better than estimates, but the jobless claims did rise. The gain was 30,000 to 554,000 in the last week. …
Top 10 Analyst Upgrades and Downgrades (ATHN, CMO, CYOU, CTXS, EBAY, LOGI, NTAP, SANM, SNDA, VMW)
These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Thursday morning: AthenaHealth (ATHN) Started as Buy at Maxim. Capstead Mortgage (CMO) Cut to Market Perform at KBW.…
McDonald’s (MCD) Serves Up Small Disappointment
The news out of McDonald’s (MCD) continues to be good. Same-store sales rose 4.3% in the second quarter, but EPS dropped to $.98 from $1.04. But, last year’s gain was up $.10 due to…
Loss Of Traditional Phone Customers Still Devils AT&T (T)
AT&T’s (T) wireless, broadband, and U-verse TV subscription businesses all did well in the second quarter. Buried a bit deep in the press release about earnings was the fact that AT&T had 46.3 million total…
Drug Firms Look For Big Profits In Swine Flu Treatments
The swine flue is apparently more dangerous that the garden variety of flu that has been part of the world health picture for several decades. It is more likely to cause pneumonia and other…
VW’s Push To Become The World’s Largest Car Company
VW’s plans to take over Porsche got a boost as the sports car company’s CEO was pushed out by his board. Wendelin Wiedeking leaves Porsche with a severance package worth $70 million. Porsche plans…
Microsoft (MSFT) Windows 7: Locked And Ready To Go
Microsoft (MSFT) said yesterday that the code for the next version of its immensely successful operating system is done. Windows 7 will replace Vista as the company’s flagship operating system when it goes on…
The Apple (AAPL) iPod On Fire: 800 Pages Of Evidence
Apple (AAPL) iPods that catch on fire have become a sort of urban legend. There are stories from time to time about spontaneous combustion of the multimedia players, but Apple has played down the…
Can GM Survive Without The US Market?
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% of the American market.…
Media Digest 7/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Obama says healthcare reform is essential to the recovery. Reuters: CIT (CIT) bond advisers will push for Chapter 11. Reuters: Democrats will fight with banks on consumer agency. Reuters: Amazon (AMZN) bought Zappos…
Asia Markets And Europe Open 7/23/2009
Markets in Asia were higher. The Nikkei rose .7% to 9,793. Sony (SNE) jumped higher. The Hang Seng moved up 2.7% to 19,783. The Shanghai Composite was up 1% to 3,328. At the open…
Buffett Dumps Moody’s (MCO, BRK-A)
Moody’s Corporation (NYSE: MCO) just got a rather interesting insider selling shares, none other than Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). The listed entities were Berkshire itself, National Indemnity, OBH, and GEICO. The…
$2 Billion IPO Filing: JBS USA Holdings (JBS)
JBS USA Holdings, Inc. has just filed for an initial public offering of common stock an an amount of up to $2,000,000,000.00. This consists of an international offering in the United States and other…